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Dec 26, 2012
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the whole idea was to save money, cut costs, et cetera, but you've recently said the new health care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to moving the benefits up. >> seems crazy, that the system is broken and could still double by 2014. >> if we're going to warn americans, somebody's got to pay for it. >> how do you think it's going to pay out, who is going to or what? >> i think it won't start right away like everyone hopes it will. there won't be an october 1st, 2013, are a bright new plan available for everybody, and it's not going to be cheaper, but i think it will be a start and it will be fits rand smart. if we want to insure more americans, and in the long run if we control our krosts we can control that over time, bring in back in line. the higher proem dums you talking about, does that measly mean higher percentage
the whole idea was to save money, cut costs, et cetera, but you've recently said the new health care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to moving the benefits up. >> seems crazy, that the system is broken and could...
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Dec 27, 2012
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lot of times they are stolen guns or people that just obviously are willing to break the law. we have to make sure that people that are innocent, people that are law-abiding citizens, and have a right to privacy, still can be able to enjoy that and not have this infringement upon them because of the tragedy that's happened and tragedies that happen every single day. >> what they did was legal. you can get the position and newspapers can publish things that are public. still doesn't this stigmatize all gun owners that have their name published there? >> i can't see how something that's legal could stigmatize someone. and i would think that second amendment advocates would be applauding versus criticizing such a decision when there is an exercise of the constitutional right. there is a great deal of enthusiasm for the second amendment advocates behind the constitutional rights and i would think they are the first ones to applaud the action. >> you don't see anything. there is a terrible, horrendous massacre that devastated the country and broken all of our hearts and then publis
lot of times they are stolen guns or people that just obviously are willing to break the law. we have to make sure that people that are innocent, people that are law-abiding citizens, and have a right to privacy, still can be able to enjoy that and not have this infringement upon them because of the tragedy that's happened and tragedies that happen every single day. >> what they did was legal. you can get the position and newspapers can publish things that are public. still doesn't this...
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Dec 27, 2012
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, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that having been said, we'll see what the president h
, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called...
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Dec 27, 2012
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of 2013 -- >> i don't like it in january, judge, for what i just mentioned because we will see tax laws selling. we have not seen. we have seen gains selling, people taking gains. when they start taking these loss and when all the rest of this stuff kicks in, that's when i worry these guys will make an even worse deal in panic in january. >> let's go to our guests. what is the best way to protect your money with the cliff deadline a few days away, jason pride, director of glenn me. how are you doing? how do you perceive the markets with a couple days of trade iin left? >> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is not an immaterial risk. positioni
of 2013 -- >> i don't like it in january, judge, for what i just mentioned because we will see tax laws selling. we have not seen. we have seen gains selling, people taking gains. when they start taking these loss and when all the rest of this stuff kicks in, that's when i worry these guys will make an even worse deal in panic in january. >> let's go to our guests. what is the best way to protect your money with the cliff deadline a few days away, jason pride, director of glenn me....
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Dec 26, 2012
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. >>> herbalife hires a strategic advisor and a law firm. is the best defense a good offense? we will talk about the stock's chances of a recovery. >>> jane wells drawing the short straw at the one place that i would not want to be today. >> reporter: well, you know, i'm glad i got here at 4:00 a.m. because i was able to find a parking space. we have been talking to all these analysts. up next, we actually talk theo couple shoppers. what are they buying and returning? does the fiscal cliff even matter? over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insue q usaa. we know what it means to serve. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because pers
. >>> herbalife hires a strategic advisor and a law firm. is the best defense a good offense? we will talk about the stock's chances of a recovery. >>> jane wells drawing the short straw at the one place that i would not want to be today. >> reporter: well, you know, i'm glad i got here at 4:00 a.m. because i was able to find a parking space. we have been talking to all these analysts. up next, we actually talk theo couple shoppers. what are they buying and returning?...
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Dec 28, 2012
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. >> it hasn't got ensigned into law. there's no success yet there. >> boehner should move it tomorrow. he should just do that. >> jonathan? >> listen, the president campaigned on a three to one spending reduction and we're not see anything spending here. democrats controlled two-thirds of the chips. >> joy ann, why is this all about taxes? >> one reelection and the -- it doesn't do that much spending. >> it's been all about taxes. >> all about raising taxes. >> there's this obsession with raising taxes. >> it was to go after school lunches and elderly care, health care for poor kids and increased spending. >> no, no, no, they want entitlement reform, joy ann. why this obsession with cutting old people's medicare? >> it's not an obsession about cutting benefits to the elderly, joy ann. it's about reforming medicare over time so at some point in the future we don't tell an 80-year-old you know what? you're not going get the medicare cha you thought you would have. this is about not hurting the elderly. >> the republican so
. >> it hasn't got ensigned into law. there's no success yet there. >> boehner should move it tomorrow. he should just do that. >> jonathan? >> listen, the president campaigned on a three to one spending reduction and we're not see anything spending here. democrats controlled two-thirds of the chips. >> joy ann, why is this all about taxes? >> one reelection and the -- it doesn't do that much spending. >> it's been all about taxes. >> all about...
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Dec 28, 2012
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>> well, this year i'm transferring the majority of my ranch, as long as we're under the tax laws that we have in the next few days, majority of my ranch will go to my sons, and i'm basically semi-retired, shall we say. >> what -- what is happening, bob, is more and more family-owned ranches, the family is having to sell the farm or the ranch because they can't afford the taxes, and the value of those farms and ranches has gone up over the time because of the tremendous interest in farmland these days, right? >> well, most of it in our area has been bought up by outside money for recreation purposes. we live in a very scenic area. it's not all that conducive sometimes to agriculture because we only get about 14 inches of rain, but we have beautiful trout streams and wildlife, and there's been a lot of influx of people with deep pockets buying ranches in montana, and the average price in our area has gone for over 2,000 an acre which cows can't pay for so trying to keep it in the family -- >> so an unintended consequence of raising the tax and lowering the threshold is exactly that thou
>> well, this year i'm transferring the majority of my ranch, as long as we're under the tax laws that we have in the next few days, majority of my ranch will go to my sons, and i'm basically semi-retired, shall we say. >> what -- what is happening, bob, is more and more family-owned ranches, the family is having to sell the farm or the ranch because they can't afford the taxes, and the value of those farms and ranches has gone up over the time because of the tremendous interest in...
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Dec 29, 2012
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vladimir putin banned adoption into law. is the president's trip to moscow early next year still on? first, we have to get back to the fiscal cliff impasse and the president's decision to ask the senate leaders to make a deal. here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show,
vladimir putin banned adoption into law. is the president's trip to moscow early next year still on? first, we have to get back to the fiscal cliff impasse and the president's decision to ask the senate leaders to make a deal. here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >>...
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Dec 28, 2012
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welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for american business? you will hear directly as we reconvene our exclusive small biz all-star panel. >>> plus, call it the retail hu "hunger games." three companies that may not survive. >>> predictions 2013. big calls for the new year, mandy. >>> bring it on. the s&p 500 is on track for a fifth straight decline. some of the hope does seem to be coming out of the market of late for a deal. of course, there could still be time. nonetheless, what we have seen is a drop of 1.3% so far this week. indead, the s&p's longest losing streak in three months. even the good news on home sales. not helping the three major averages which are on pace for thei
welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for...
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Dec 26, 2012
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the law firm, these are the guys that represented bush -- rather, gore against bush and microsoft versus the united states. they're the who's who of companies. >> david b 0oyce, he's the fame attorney. >> that's right. this is not playing around. this is going after ackman. there could be some tortious interference here. we'll have to see how big they can make. >> barry manilow, really? >> that was a song. >> come on. >> i'm with weiss on that. i don't know. >> everybody is thinking it. he said it. >> he's the man that wrote the song. >> christmas dinner with barry. >> here it is. >> we know what he got for christmas. >> it's an emotional time of year now. >> who gave it to him. >> we know what he got. >> are you going to let any lyrics come through? all right. we'll move on as "the wall street journal" highlights, the turf wars between apple, amazon, google is heating up. let's trade it. between apple, between google, between amazon and facebook, which stock is going to emerge as the biggest winner next year? >> apple and google, i stick with apple. we've been talking about it for a mon
the law firm, these are the guys that represented bush -- rather, gore against bush and microsoft versus the united states. they're the who's who of companies. >> david b 0oyce, he's the fame attorney. >> that's right. this is not playing around. this is going after ackman. there could be some tortious interference here. we'll have to see how big they can make. >> barry manilow, really? >> that was a song. >> come on. >> i'm with weiss on that. i don't know....
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Dec 25, 2012
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things that happened in the ensuing years but the watershed event was when president nixon signed into law -- created the environmental protection agency. one of the first orders of business of the ecb the a was to ban a series of insecticides starting with ddt and including all of its cousins, many of which were more toxic than ddt. the domestic ban went into effect in 1972. began phasing them out and it is too bad carson didn't live to see that but she didn't and i like to think of her in this photograph taken by her friends the freeman family who lived next door to her in maine on the shoreline of southport island in 1955, of my favorite photographs of her. she looks very content in this picture and someone who was at home in that environment and at home in the world and at home in her role as an author, scientist and ultimately somebody who would change the way we think about things. that is a good place to stop and take any questions you have. >> anybody have any questions? >> why was the book called "silent spring"? >> why was the book called "silent spring"? that probably stems from
things that happened in the ensuing years but the watershed event was when president nixon signed into law -- created the environmental protection agency. one of the first orders of business of the ecb the a was to ban a series of insecticides starting with ddt and including all of its cousins, many of which were more toxic than ddt. the domestic ban went into effect in 1972. began phasing them out and it is too bad carson didn't live to see that but she didn't and i like to think of her in...
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Dec 27, 2012
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if that law takes effect again in 2013, the government will be forced to pay double what it currently pays for milk. for a short time it will be awesome for dairy farmers, they can sell as much milk as they can to make a ton of money. even dairy farmers know that the windfall will be bad news real quick. the government run on milk will lead to shortages for people who buy milk at the grocery store or buy it to make dairy products like cheese and pizza. americans love their pizza. it would drive up prices by as much as double. that would make a gallon of milk more than $7 while i can handle my soy milk, i don't want it all the time. christmas is not about the farm bill, but new year's, you are going to want to be thinking about the farm bill over new year's. >>> on christmas, one day after a man in new york set the house he lived in with his sister on fire, the local police chief announced the gunman's sister is likely a third victim of homicide. we knew the gunman's sister was missing, she and the gunman lived in the house together were not on good terms. their mother lived there too
if that law takes effect again in 2013, the government will be forced to pay double what it currently pays for milk. for a short time it will be awesome for dairy farmers, they can sell as much milk as they can to make a ton of money. even dairy farmers know that the windfall will be bad news real quick. the government run on milk will lead to shortages for people who buy milk at the grocery store or buy it to make dairy products like cheese and pizza. americans love their pizza. it would drive...
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Dec 24, 2012
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, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of marijuana. a lobbying group based in sacramento. pot is unsafe and ineffective. not a -- an 'digtive, dangerous drug. >> not a medicine. always been a joke, a cruel hoax, always has been, always will be. f.d.a. will never approved it for any product to be deemed a medicine. >> with the recent legalization of medical marijuana in washington and colorado national leaders are re-examining pot policies. the justice department soon expected to issue a response which now allow adults 21 and old tore possess up to one ounce legally. on capitol hill, senate judiciary chairman patrick leahy called for congressional hearings on the issue and for his part, president obama told abc's barbara walters that the federal government has bigger fish to try than to go after pot smokers. >> it does not make sense from a prior othertization point of view to focus on recreational drug users in a state that has already said that under state law that's legal. >> while marijuana users in those states may be
, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of marijuana. a lobbying group based in sacramento. pot is unsafe and ineffective. not a -- an 'digtive, dangerous drug. >> not a medicine. always been a joke, a cruel hoax, always has been, always will be. f.d.a. will never approved it for any product to be deemed a medicine. >> with the recent legalization of medical marijuana in washington and colorado national leaders are...
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the rule of law is not widespread enough in the continent. there is a glimmer of hope such as sun nish sha. countries such as egypt still questionable. we have seen mass rioting there and growing concerns whether the new rule of law and new constitution will effectively protect investors. >> just a few years ago, there were maybe 10 frontier emerging funds. now, there's more than 300. they're the hot thing. remember, even if there is growth there, very little liquidity. that's not a real place for mom and pop investors. that's still a white knuckle place even if there is growth. >> i'm looking at global industries 52 week highs, turkey, france, uk. lithuania, japan. can those do well? >> i think so. they're coming off their bottom. europe 20 through wh-- europe 2 what was our 2008. >> you think merkel gets re-elected? >> at this point. she seems to be doing okay. if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the
the rule of law is not widespread enough in the continent. there is a glimmer of hope such as sun nish sha. countries such as egypt still questionable. we have seen mass rioting there and growing concerns whether the new rule of law and new constitution will effectively protect investors. >> just a few years ago, there were maybe 10 frontier emerging funds. now, there's more than 300. they're the hot thing. remember, even if there is growth there, very little liquidity. that's not a real...
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Dec 26, 2012
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these are law abiding citizens. they shouldn't be treated like they should be shunned or shamed and that's the purpose of this list. >> gretchen: to point out, this list shows who doesn't have a hand gun. i think that almost puts them at severe danger. >> again, i think this is something that we really need to pay attention to because we're dealing with first amendment rights, u.s.er supreme court in 2008 stated that individuals have a right to possess a hand gun in the home. we've got new york licensing laws that people are complying with. so there is no excuse for this newspaper to try to shame and shun these individuals into not owning a gun. >> gretchen: michael barns, attorney and policy advisor. thanks for breaking that down for us. >> thank you. >> gretchen: coming up next, remember the four state department officials who were supposed to be out of a job over the benghazi, libya bungle? well, there is a fine line somewhere in all of this. they're about to come back. plus, did you get a gift card to someplace
these are law abiding citizens. they shouldn't be treated like they should be shunned or shamed and that's the purpose of this list. >> gretchen: to point out, this list shows who doesn't have a hand gun. i think that almost puts them at severe danger. >> again, i think this is something that we really need to pay attention to because we're dealing with first amendment rights, u.s.er supreme court in 2008 stated that individuals have a right to possess a hand gun in the home. we've...
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we have to -- law enforcement, unfortunately, law enforcement is local by many respects. so you have a bunch of police departments that are involved. i think individually they need to look at what they can afford locally and the changes they need to make to compensate for the loss of these grants and potential other cuts that may be in the future. >> juliet: some of the other things we're seeing, when paris hilton gets released from her silly prison sentence, three hours into it, that's one thing. but we see things like this that's happening in oregon, we're not only seeing that, we're getting fewer jail beds, so they obviously can't keep the guys or females there. sheriff's patrols prosecutors, parole officers and investigators, all of these things are being affected by cuts. >> they are. and that's the unfortunate part. what weather a part of the criminal justice system breaks down and we have prisoners being released and then you have to ask yourself, the fewer police officers on the streets really matter? if you're going to arrest people, you can't keep them in jail.
we have to -- law enforcement, unfortunately, law enforcement is local by many respects. so you have a bunch of police departments that are involved. i think individually they need to look at what they can afford locally and the changes they need to make to compensate for the loss of these grants and potential other cuts that may be in the future. >> juliet: some of the other things we're seeing, when paris hilton gets released from her silly prison sentence, three hours into it, that's...
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Dec 28, 2012
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we have need-to-know information how the new health care law impacts how they do things. from try jump yumps to scandals, a look back at columns from around the country. keep it right here on "morning joe." [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> wow, this is huge. reverend al coming up, your second annual revy awards this monday new year's eve. >> monday, 6:00 eastern. we do a review of the year and get all dressed up and have a panel. we're not dressed up now? >> this is like oscar night when we talk about who did what in the politics and the winners and losers. year. it's really classy and humorous. >> how many winners as opposed to losers? >> there's an equal amount. we review it and are candid and we do it in a classy way. >> some of the winners are losers? >> some of the losers are winners
we have need-to-know information how the new health care law impacts how they do things. from try jump yumps to scandals, a look back at columns from around the country. keep it right here on "morning joe." [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the...
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Dec 29, 2012
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>> that's how the law is written. and this mandate is written so that if they don't provide abort fascia's that's what they're opposed to the in hha mandate. some opposed to abortions. hobby lobby don't want to pay for abortion pills cord under the hh mandate. they will be penalized again for what costs roughly a couple of dollars per person maybe a month in their nrch plan. $100 for each of the 13,000 employees they have. just not it not giving their employees access to for free at no cost and no co-pay abort faces. that's what's at issue here. this is a religious freedom issue. and a question of like the supreme court handled the citizens united do corporations also have if they have got free speech rights in the first amendment. why wouldn't they have the free exercise of religion rights that are also in fact, they start the first amendment as the religious -- i think it's a very important point to make that though hobby lobby has had a tough time taking this to get the preliminary injunction, nothing has been deci
>> that's how the law is written. and this mandate is written so that if they don't provide abort fascia's that's what they're opposed to the in hha mandate. some opposed to abortions. hobby lobby don't want to pay for abortion pills cord under the hh mandate. they will be penalized again for what costs roughly a couple of dollars per person maybe a month in their nrch plan. $100 for each of the 13,000 employees they have. just not it not giving their employees access to for free at no...
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whether that law will accomplish its goal is irrelevant. policy-making has become an activity that supports the genetic and financial needs of policymakers and their follower tribes. the community's role, we've lately learned, is to provide revenue. where are we going with that? >> i think he started off in a legitimate direction where he talked about how much of the legislation is done with deadlines and during lame-duck sessions. we're responsive as opposed to getting proactive. i get where he's coming from with respect to failures with the assault weapons ban in 1994. if you had a ban prior to 1994, you could hold on to it, but that doesn't excuse the government from trying to curb some of these episodes of mass gun violence. i think there's an obligation as a society for us to try to figure out ways to make these less likely to happen. and whether that's a reintroduction of the assault weapons ban or whether it's something more simple like banning high-capacity magazines, you know, why wouldn't we try to see if that works? i have yet to
whether that law will accomplish its goal is irrelevant. policy-making has become an activity that supports the genetic and financial needs of policymakers and their follower tribes. the community's role, we've lately learned, is to provide revenue. where are we going with that? >> i think he started off in a legitimate direction where he talked about how much of the legislation is done with deadlines and during lame-duck sessions. we're responsive as opposed to getting proactive. i get...
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Dec 30, 2012
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accord to go a new law signed by president obama however, an alert will pop up on the screen once you try to take out money. don't we all just assume you're paying a fee? >> yes, sadly. thank you very much, clayton. in just two days, a handful of taxes tied to obamacare will go into effect including the medical device. it doesn't sound like a lot, but it could stifle innovation. >> dave: could really stifle innovation. in north new jersey, they have they're a medical device, they heal up the process post surgery. a medical action may force him to layoff three people, something the company has never done. >> your company is about to be hit by a new 2.3% tax on medical devices. what does it mean for your company? >> it means more costs to us, unfortunately on gross sales and it could hurt the number of people, hurt the number of sales and increase the cost of our business this is a family-run business and you've been in business more than 40 years. how do you see this affecting your company. >> we've tried never to lose our employee, and it's like a family and we may not sustain the num
accord to go a new law signed by president obama however, an alert will pop up on the screen once you try to take out money. don't we all just assume you're paying a fee? >> yes, sadly. thank you very much, clayton. in just two days, a handful of taxes tied to obamacare will go into effect including the medical device. it doesn't sound like a lot, but it could stifle innovation. >> dave: could really stifle innovation. in north new jersey, they have they're a medical device, they...